It's reported that the US Commerce Department placed preliminary tariffs on imports of Indian welded stainless pressure pipe.

The Commerce calculated a preliminary subsidy rate of 2.96% and 6.21% for mandatory respondents Steamline Industries Limited and Sunrise Stainless Private Limited, Sun Mark Stainless Pvt. Ltd., and Shah Foils Ltd., respectively.

All other producers and exporters in India have been assigned a preliminary subsidy rate of 4.55%.

The petitioners for the investigation are Bristol Metals, LLC; Felker Brothers Corporation; Outokumpu Stainless Pipe, Inc.; and Marcegaglia USA Inc.